Topic: Use your winning responsibly - page 12. (Read 2409 times)

it all depends on how we have a safe mindset for gambling. I mean if we have a mindset of not being greedy and appreciating whatever we get right away, a gambler will definitely easily stop betting after winning and this also applies to if he gets tired when a gambler can think like when he loses he will definitely soon stopping to appreciate the budget he had for betting the next day.
this kind of mindset can save gamblers from focusing too much on a big win and avoiding greed because the mindset of respecting money means they will really be able to have strong enough control and even a high level of commitment to obey the rules that have been made previously and can always know when is the right time to stop betting.

Indeed, temptation in gambling can always make us lose control, but believe me what I have said above, this can prevent you from any temptation in gambling because you already have a strong commitment.

Congratulations on your big win, I hope this is not your final win, but the beginning of a big win and will be followed by other wins.
If I had a big win like that, maybe I would buy some Bitcoin and Ethereum as an investment and hope for a big profit from the price spike once the market fully increases

That's right, by managing finances and time gambling players will be more objective and more able to think clearly. when experiencing defeat, it is very important to stop playing that day so as not to increase brain and mental performance which in the end will only make more losses and make gamblers more frustrated and lose all their money.

The gambling community had the loser and winner,the winner help the community to grow by referring.But the loser most of the time blame the gambling site itself,the gambling site which allow you to win the game,the gamblers should take responsibility to withdraw the funds at the right time.If the gamblers doesn’t aware about their money withdraw in the gambling site will loss their funds in the same gambling site at the end,So the gamblers should accept the game with minimal reward in the game.Don’t try to recover the complete loss in one game.

Good for you that you were able to control yourself from continuing to gamble after winning a huge amount. Most of the time, once gamblers hit a big win they will decide to continue more since the luck is there and they want to take advantage of it. Unfortunately, since they are being carried away by the win they don't notice that their balance is now being pulled down. As they now finally notice it, they will increase their bet amount since they want to return the high balance they have previously.

It's hard to fight the temptation when winning that's why we must force ourselves to stop once already hit a big win.

For me, honestly as long as you don't spend it on hookers, drugs, alcohol or gambling again I feel like any type of purchase you made after winning money from gambling is considered "responsible spending". It's just a low standard to meet to begin with. You got your money willy-nilly, and when other people would spend it on gambling again or the aforementioned, hoes, booze, and drugs, responsibly spending your winning your money could count as anything that would give you a prolonged sense of happiness, or at the very least something that you'd be able to appreciate or enjoy for a very long time. Easy come easy go is also a part of the equation that brings people to spend their winnings on short-lived things. From winning these games they fall under the heuristic that in the future they'd be able to win as much if not more again, so just splurge it all right now and deal with the consequences later. Of course it's stupid, but it's a method to their madness, and it's one hell of a method.

I say you did good OP. Honestly I myself haven't really spent any of my winnings on tangible stuff, and since I only ever win (at least the usual) enough to get all my losses from prior sessions back, I use it as refill for my bankroll so I don't have to dig into my pocket to top my gambling bankroll. I find that this is the most economical way I could play honestly.

Those that had failed to use their winnings responsibly most have been seeing the effects due to their method they have choose to use in gambling. Withdrawal funds is one of the things we need to put into consideration so that we don't get stuck on the platform we are using in case the casino or company decided to leave the market. There is even more disadvantage to us when we keep leaving our funds  most time, the profits we have made for it to keep growing without any tangible reason that could help us to grow better. Experience is the best teacher and we need to be wise even when we don't have the experience.

Not a bad idea to buy stuff with your winnings. I haven't had such a win that I can buy a car with, but if I had one such win then I would probably consider investing it into some asset because cars, house and all these things are liabilities and their value degrade over the years while assets will get you profit over time.

Of course not and everyone has a different way of thinking and living their life.

One thing I guess we can all agree with is that we must withdraw our winnings whenever we win something significant because otherwise we slowly lose it all back to the casino. It's inevitable that if you keep playing and have a bigger balance to play with, your bet size will also increase.

A winner should be able to use his winnings like you did so that he doesn't waste his winnings on buying unnecessary items. There is nothing wrong with buying these things, but we have to be able to choose the things we really need and the things we don't need so that these things can be useful for us and our families. We can still live simply and save the winning money for our children's future so that we don't think too much about their education because we have already prepared it with the winning money. The important thing is that we can use the winning money well so that it can help with our daily activities and we have savings for our future and that of our family.

That's why we have to be wise in using the winning money so that it can be useful for our lives and those of our families. We can also learn to appreciate the winning money by not wasting it on unnecessary items. But some people choose to continue gambling with their winnings because they still hope to win big again another day. That is a mistake because it doesn't guarantee they can win again but they will probably lose and could go bankrupt. We must be able to learn from the experiences of people who have won but were unable to use their winnings well.

We should not brag about what we have got in gambling. We also better not tell many people we have won a lot of money because that will invite them to ask for their share. Maybe we can invite them to enjoy the win but we don't need to say that it is the result of our big win at gambling.

That's good, and the majority of gamblers don't have this mindset. Once they have won a reasonable amount, they have the mentality to gamble further and make it big. This is where the majority of the funds get lost and they end up unable to fulfill their small dreams and needs that could've been met by the winning amount. What OP has done is really great, and in my view, we should prioritize investment in cryptocurrencies in a larger percentage and allocate small funds to fulfill these kinds of needs depending on the market situation.

Congratulations, friend, on your big win and indeed you have succeeded in using your winnings responsibly. Many gamblers cannot use their winnings wisely and continue playing until they use their winnings to gamble again. Because human nature is greedy, after getting a jackpot, for example, they definitely want to double it again, rarely can they control the game when to stop and when to continue. This is what I see from my friends.

Buying a TV from gambling winnings is a wise choice in my opinion because it has the advantage of being able to watch it at home. However, there are also gambling winnings that are spent so lavishly that there is no trace of them afterwards. Maybe later I will be like you if I win later, because all this time I spent my gambling winnings for fun, so after having fun there is no trace of it.

It’s good you where able to use your gambling winning to solve one your problem but it’s not a must that others must use their gambling winnings to buy something like this too, one thing i take as good thing to do with winning is for the person who won the money to be able to put the money into good use even if it’s not in an instance they should make sure the money did not go back to gambling again as a result of them trying to multiply the funds because it will be painful to be wealthy today because of gambling and still go back broke the next day because of same gambling.

Using your wins wisely may have some relativity around it but then most times we think it's just probably using it to make an investment or probably buying a property that's the best and wise use of our wins but then it's sometime beyond investing and buying of properties before you assume your wins was used wisely.

Meeting up or taking care of a pressing need at the time it was needed can also be seen as a wise use of your wins, when you use your wins to fund a health care emergency or take care of some  needs that have been over due because there wasn't adequate funds to take care of it as at when the need arise, is also a wise way of using your winnings well but in the absence of any of these challenges then feel free to invest the money in something that can continually yield profit for you.

We all know that gambling is something that is not very easy to get a win. It will be so sad after a successful win it will be spent on reasonable things,. For the fact that we lose money in gambling than gaining,  this should be a reason why money won in gambling should be spent in reasonable things. If we calculate the lose we do have in gambling and after a win one still end up in spending the money on things that are not valuable then playing gambling is a total waste because their is nothing to show what one is really doing with gambling.

One thing is to win another thing is to utilize the money effectively there are some people who don't have this common sense in gambling that whenever they win they should try to utilize the money for something very important.

I bet of about 68.9 percentage of people who are gambling today almost return back their winning amount into that same gambling site in the name of trying to winning back huge money, some will see it as opportunity to increase their wager on the site instead of them to make fresh deposit they rather use the money gamble.

It is true but sometimes when you win and use the money for better things it gives you the edges to always remember that this is what I have ever achieved from gambling.

Many people usually do not take money they got with little or no stress at all seriously. Since they didn't work hard for it, they have to enjoy themselves because the money in question wasn't even planned for, have fun and make merry because there is more from where that came from. After spending all their winnings on things they cannot give account of, they go back to playing again hopping to win again. It is very common to see gamblers who have been in the system for long looking like they've never gained anything from gambling before. It is because of this act of recklessness and carelessness exhibited by most gamblers that made people generally view gambling as a lifestyle meant for irresponsible people. People will always blame the game and allow the players go scot free when in actual sense, it is the players who are not getting it right.

Responsible gambling goes beyond just gambling to avoid losing much money and being addicted.  It has to do with your ability to keep your sanity intact before and after your gambling rounds.  Your ability to still think straight after every win or loss.

If after making a huge win with very little amount you staked,  and you squander everything you won within a twinkle of an eye on things you can't give account of, you are irresponsible!

This is true; most people, as a result of not having plans for the money, always end up using the money they win from gambling for other things that they can't account for at the end of the day. Most gamblers believe that because they win big today from gambling, they can use the money for anything that they like, and they might likely win another one, which is one reason they spend it without giving it a second thought.
 
This is the reason why I like a situation where someone will always have already-prepared plans for what they want to do in life. Let it just be the finance that's not available, and the moment it arrives, even if it's from gambling, they can be able to spend it wisely.

Knowing how to best manage your capital is already a win in itself, I have personally seen people who, after having won a large sum of money, wanted to try their luck again and found themselves having lost the entire winnings. I am of the opinion that when you win you have to be able to say enough and settle, or maybe not risk your entire capital to get more! gambling addiction is a very ugly beast, we become slaves to money, instead we must be masters of money

It's better to get a utility that interest you than spending the winnings on gambling. Purchasing a set of TV as a gift for winning his predictions would help him to perform better in gambling. What people would do with the winnings differs, but we've gotten cases of gamblers who sends it back to house, believing the house owns all their wins. The money they earn only could be used to buy them more time to continue enjoying gambling. Such people are so glued to gambling that nothing would interest them if not gambling. And not all of the people in this category undergo addiction. If a player already has all the gadgets he'd need, investing the money would be a better decision. Having a bigger bankroll, we'll tend to gambling without calculating, because the money is quite enormous.

If you are really that playing just that for fun then it wont really be that an issue if you decide to spend up all of those winnings back into the casino on which you wont really be that
minding on securing those winnings since you are really that willing on spending it back to the site just because you are really that going for the leisure and entertainment and not on
trying out to secure those winnings for you to buy up something. It would really be just that according into someones preference since not all would be thinking
on buying up something but rather they do like that all in kind of betting and doesnt have that kind of set targets or amounts.